Are the stock price trends of BJCORP, BJLAND, EKOVEST, IWCITY, and MRCB almost similar or simultaneously bullish from early June to early July 2024? Are they beneficiaries of the 2025 Budget?
. **BJCORP (Berjaya Corporation Bhd) **:
- Price increased from 0.30 MYR to 0.35 MYR.
- The overall trend is showing a steady upward trend, driven by the company's recent good performance and investment activities.
2. **BJLAND (Berjaya Land Bhd) **:
- Price increased from 0.40 MYR to 0.45 MYR.
- Similar to BJCORP's trend, it mainly benefits from its development in real estate and hotel projects.
3. **EKOVEST**:
- Price increased from 0.46 MYR to 0.51 MYR.
- Stable growth, driven by the company's active participation in infrastructure projects.
4. **IWCITY (Iskandar Waterfront City Bhd) **:
- Price increased from 0.70 MYR to 0.75 MYR.
- The increase was moderate, but showed a continuous upward trend, which is related to expectations for the Singapore-Malaysia high-speed rail project.
5. **MRCB (Malaysian Resources Corporation Bhd) **:
- Price increased from 0.60 MYR to 0.65 MYR.
- Shows a continuous upward trend, mainly benefiting from progress in infrastructure and real estate development projects.
The simultaneous share price performance of these companies was affected by a combination of the following factors:
- **Expectations for high-speed rail projects**: such as the Kuala Lumpur-Singapore high-speed rail project.
- **Upcoming 2025 Budget**: Market expectations for favorable policies and funding allocations.
- **Overall industry trends**: The recent positive performance of the construction and real estate industry.
- **Corporate strategic partnerships and M&A activities**: such as the collaboration between EKOVEST and IWCITY.
The combination of these factors has contributed to the simultaneous bullish trend of these stocks in the near future.
- Price increased from 0.30 MYR to 0.35 MYR.
- The overall trend is showing a steady upward trend, driven by the company's recent good performance and investment activities.
2. **BJLAND (Berjaya Land Bhd) **:
- Price increased from 0.40 MYR to 0.45 MYR.
- Similar to BJCORP's trend, it mainly benefits from its development in real estate and hotel projects.
3. **EKOVEST**:
- Price increased from 0.46 MYR to 0.51 MYR.
- Stable growth, driven by the company's active participation in infrastructure projects.
4. **IWCITY (Iskandar Waterfront City Bhd) **:
- Price increased from 0.70 MYR to 0.75 MYR.
- The increase was moderate, but showed a continuous upward trend, which is related to expectations for the Singapore-Malaysia high-speed rail project.
5. **MRCB (Malaysian Resources Corporation Bhd) **:
- Price increased from 0.60 MYR to 0.65 MYR.
- Shows a continuous upward trend, mainly benefiting from progress in infrastructure and real estate development projects.
The simultaneous share price performance of these companies was affected by a combination of the following factors:
- **Expectations for high-speed rail projects**: such as the Kuala Lumpur-Singapore high-speed rail project.
- **Upcoming 2025 Budget**: Market expectations for favorable policies and funding allocations.
- **Overall industry trends**: The recent positive performance of the construction and real estate industry.
- **Corporate strategic partnerships and M&A activities**: such as the collaboration between EKOVEST and IWCITY.
The combination of these factors has contributed to the simultaneous bullish trend of these stocks in the near future.
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BossMaxx OP : $EKOVEST (8877.MY)$
$BJCORP (3395.MY)$
$BJLAND (4219.MY)$
$MRCB (1651.MY)$
$WCT (9679.MY)$
$IWCITY (1589.MY)$